6801 -6803 Steilacoom Boulevard SW Lakewood, WA $ 620,000
6801 -6803 Steilacoom Boulevard SW
$ 620,000
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6801 -6803 Steilacoom Boulevard SW

Lakewood, WA, 98499
$ 620,000
Baths0.0 Sq 1,548

Monthly Estimate*

$ 3,817

Listed by AQUA Real Estate
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Studio

Multi-Family Home for sale in Lakewood, WA

for $620,000. This 1,548 square foot home was built in 1951 on a lot size of 0.2269.

This recently updated duplex presents a strong opportunity for steady cash flow. Both 2 bed / 1 bath units feature modernized kitchens with newer appliances, quality fixtures, and quartz or granite countertops. Interiors include updated bathrooms, new flooring, and fresh paint throughout. The property sits on a large lot with fully fenced backyards, separated by a fence between the units for added privacy. It has been pre-inspected and is fully occupied with reliable tenants. Current rents are approximately 20% below market value, offering room for future increases. A detached two-car garage may provide additional rental income or potential conversion to another unit (buyer to verify),6 more parking spots in driveway. Conveniently located near the lake and many local amenities. Please do not disturb tenants.

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Multi-Family Active

Price

$ 620,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 5,382

Style

Duplex

Lot Size

0.2269

Year Built

1951

Town/City

Lakewood

County/Region

Pierce

MLS | Web ID

2489355

Features
General
Living Area 0
Sewer Available
Heating Wall Furnace
Cooling None
Possession Closing
Roof Composition
HOA Fee 0
Garage Spaces 0
Security Features Fully Fenced
Year Built 1951
Property Subtype Multi Family
Tax Year 2025
Building Name Pecks First
County Pierce
Net Operating Income 30855
Insurance Expense 1563
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Gravelly Lake
Special Listing Conditions None
Status Active
Directions Head West on WA-512 turn right on S Tacoma Way turn left on Steilacoom Blvd SW turn Right on Custer Rd SW duplex on the left on the corner. Parking available by garage of Custer Rd.
High School Clover Park High
City Lakewood
Senior Community Y/N N
High School District Clover Park
Number Of Units Total 2
MLS Area 39 - Lakewood
Lot Size Units Square Feet
Lot Size Square Feet 9882
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Conventional FHA
Elementary School Custer Elem
Tax Annual Amount 5382
Electric Expense 0
Fuel Expense 0
Middle/Junior High School Lochburn Mid
Property Condition Updated/Remodeled
Public Remarks This recently updated duplex presents a strong opportunity for steady cash flow. Both 2 bed / 1 bath units feature modernized kitchens with newer appliances quality fixtures and quartz or granite cou
Leasable Area 1548
Structure Type Duplex
Building Area Units Square Feet
Standard Status Active
Water Company Lakewood Water District
Units Below Grade false
Units In Building Total 2
Water Sewer Garbage 0
Property Style 52 - Duplex
Cap Rate 4.9
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Exterior
Exterior Amenities Brick Cement Planked
Lot Features Corner Lot Sidewalk
Total Parking 6
Foundation Details Slab
Building Area Total 1548
Lot Size Acres 0.2269
Waterfront Y/N N
Covered Spaces 6
Irrigation Water Rights Y/N N
Site Features Fenced-Fully High Speed Internet
Parking Uncovered Total 0
Lot Number 9
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Interior
Total Fireplaces 0
Total Stories 1
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2489355
Street Number 1 6801
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* Excluded Features
List By
Mihail Gutu

Listing Agent

Aqua Real Estate

Broker

Affordability Calculator

$4,266
Per Month
89%
11%
0%
Monthly Principal & Interest
$3,817
Monthly Property Taxes
$449
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4674848 Elementary School
257885 Middle School
Clover Park High High School
Pricing History
DatePricePrice ChangeDescription
3/31/2026$620,000 -1.59% Price Down
3/10/2026$630,000 Listed Price

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6801 -6803 Steilacoom Boulevard SW, Lakewood, WA, 98499 is a Multi-Family Home for sale at $620,000 with 1,548 sqft and a lot size of 0.2269. 6801 -6803 Steilacoom Boulevard SW is a studio with 0.0 baths and was built in 1951. The property's zip code is 98499 which is in Lakewood, WA